Valiant Eagle Inc (PSRU)

[king koopa]

Problem here is they issue most shares at $0.0001 , aside from the offering at $0.0005. so while it looks like a share selling scam based on the company's issuance prices, they do also report a strong balance sheet and high quarterly revenues. They just simply do not care about the stock price right now. Shareholders like myself , just see the potential and hope that one day they decide to care about the stock price.

It appears the recent run up was to prop the stock price up, so they could file the latest quarterly report without needing to mention new share issuances, and then issue more stock - likely at $0.0001 since that is their go-to issuance price. Seems the plan was to file first, then issue shares, so they wouldn't need to report the issuances until a future filing. OS has gone up recently from approx 1.5 billion to over 1.9 billion. Still not that bad, I just hope they suddenly care about the stock price at some point.